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The Management of Risk

In: BP and the Macondo Spill

Author

Listed:
  • Colin Read

    (SUNY College)

Abstract

The principal-agent tension between the company man and the contractor may actually create a healthy dialog that biases decisions toward safety. However, decisions must inevitably be made that provide some balance between reward and risk.

Suggested Citation

  • Colin Read, 2011. "The Management of Risk," Palgrave Macmillan Books, in: BP and the Macondo Spill, chapter 16, pages 143-150, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-30508-3_16
    DOI: 10.1057/9780230305083_16
    as

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    Cited by:

    1. Eric Kemp-Benedict & Crystal Drakes & Nella Canales, 2020. "A Climate-Economy Policy Model for Barbados," Economies, MDPI, vol. 8(1), pages 1-21, February.

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